A product passes through three processes A, B and C for its completion. As finished goods 6,000 units are produced.
|
Process A (Rs) |
Process B (Rs) |
Process C (Rs) |
|
|
Materials |
6,000 |
8,000 |
6,000 |
|
Wages |
18,000 |
16,000 |
12,000 |
|
Expenses |
3,500 |
2,500 |
4,000 |
|
Overheads |
400 |
600 |
200 |
Raw material is issued at Rs 45,000. Prepare process accounts.